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Covered California received $674 million federal grant

Earlier this month, Covered California, the state’s health benefit exchange, received a $674 million grant from the federal Department of Health and Human Services to establish the state’s new digital insurance marketplace.

That figure came as part of a federal announcement revealing that HHS would be awarding roughly $1.5 billion in establishment grants to states who had made significant progress in the planning stages of ACA implementation.

In addition to California, the states included Delaware, Iowa, Kentucky, Massachusetts, Michigan, Minnesota, New York, North Carolina, Oregon and Vermont.

While that figure may seem large, it’s worth noting that California accounts for almost half of the total amount being awarded, and to date has received upward of $910 million in both planning and establishment grants from the federal government.

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